Gains May Be On The Menu For Vale S.A. ADR (NYSE: VALE)

Currently, there are 4.30B common shares owned by the public and among those 4.30B shares have been available to trade.

The company’s stock has a 5-day price change of -3.20% and -23.53% over the past three months. VALE shares are trading -25.60% year to date (YTD), with the 12-month market performance down to -19.51% lower. It has a 12-month low price of $11.88 and touched a high of $16.08 over the same period. VALE has an average intraday trading volume of 25.99 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.17%, -9.41%, and -13.43% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Vale S.A. ADR (NYSE: VALE) shares accounts for 17.48% of the company’s 4.30B shares outstanding.

It has a market capitalization of $50.74B and a beta (3y monthly) value of 0.98. The stock’s trailing 12-month PE ratio is 6.42, while the earnings-per-share (ttm) stands at $1.84. The company has a PEG of 0.41 and a Quick Ratio of 0.96 with the debt-to-equity ratio at 0.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.02% over the week and 1.71% over the month.

Analysts forecast that Vale S.A. ADR (VALE) will achieve an EPS of $0.52 for the current quarter, $0.62 for the next quarter and $2.33 for 2025. The lowest estimate earnings-per-share for the quarter is $0.38 while analysts give the company a high EPS estimate of $0.68. Comparatively, EPS for the current quarter was $0.41 a year ago. Earnings per share for the fiscal year are expected to increase by 32.78%, and -6.43% over the next financial year. EPS should grow at an annualized rate of 15.84% over the next five years, compared to 6.23% over the past 5-year period.

Deutsche Bank was of a view on November 16, 2023 that the stock is Hold, while Citigroup gave the stock Buy rating on October 30, 2023, issuing a price target of $14- $16. UBS on their part issued Neutral rating on October 06, 2023.

Most Popular

Related Posts